including the mortgagee (lender) may bid at the sale. The winning bidder will receive a certificate of sale. Deficiency Judgments Obtaining deficiency judgments and actions for possession require "judicial steps" and are performed separately from the foreclosure sale. *Courtesy of National Foreclosure Professionals and Rhode Island State Statutes
South Carolina* South Carolina is a judicial state. Judicial Sales -No Deficiency Demanded Debt secured must be established before sale by mortgagee. No sale under or by virtue of any mortgage or other instrument in writing intended as security for a debt, conferring a power upon the mortgagee or creditor to sell the mortgaged or pledged property while such power remains of force or has not been revoked by the death of the person executing such mortgage or instrument, shall be valid to pass the title of the land mortgaged unless the debt for which the security is given shall be first established by the judgment of some court of competent jurisdiction or unless the amount of the debt be consented to in writing by the debtor subsequently to the maturity of the debt, such 197